Square Media Solutions Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08569237

SQUARE MEDIA SOLUTIONS LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

SQUARE MEDIA SOLUTIONS LTD

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

CURRENT ASSETS

Debtors	5	3,600	77,821
Cash at bank and in hand		6,665	1,289
		--------	--------
		10,265	79,110

CREDITORS: amounts falling due within one year	6	22,377		86,768
		--------		--------
NET CURRENT LIABILITIES			12,112		7,658
			--------		-------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 12,112)		( 7,658)

CREDITORS: amounts falling due after more than one year	7	21,941	82,982
		--------	--------
NET LIABILITIES		( 34,053)	( 90,640)
		--------	--------

CAPITAL AND RESERVES

Called up share capital fully paid	10	10
Profit and loss account	( 34,063)	( 90,650)
	--------	--------
SHAREHOLDERS DEFICIT	( 34,053)	( 90,640)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

SQUARE MEDIA SOLUTIONS LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 2 October 2026 , and are signed on behalf of the board by:

Mr M L Rigby-White
Director

Company registration number: 08569237

SQUARE MEDIA SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Swallow Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6XX.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company currently meets its daily working capital requirements through financial support from group companies and banking facilities. On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise any additional finance that may prove necessary.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Exceptional items

Exceptional items are disclosed separately in the financial statements in order to provide further understanding of the financial performance of the entity. They are material items of income or expense that have been shown separately because of their nature or amount.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	33% reducing balance
Equipment	-	33% straight line

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. DEBTORS

	2026	2025
	£	£
Trade debtors	–	1,690
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	72,325
Other debtors	3,600	3,806
	-------	--------
	3,600	77,821
	-------	--------

6. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	6,929	37,823
Trade creditors	2,104	89
Social security and other taxes	4,427	16,221
Other creditors	8,917	32,635
	--------	--------
	22,377	86,768
	--------	--------

7. CREDITORS: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	21,941	82,982
	--------	--------

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr M L Rigby-White	3,715	630	( 4,345)	–
	-------	----	-------	----

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr M L Rigby-White	( 14)	3,729	–	3,715
	----	-------	----	-------

9. RELATED PARTY TRANSACTIONS

The company has taken advantage of the exemption available under FRS 102 not to disclose any transactions with other companies within a 100% owned group. The company was owed £3,548 (2025 - £3,386) by a company in which the Director has an interest.

10. GOING CONCERN

The director has considered the period to 31 October 2027 when assessing the company's ability to continue as a going concern. It is believed that the company will be able to satisfy its liabilities as these become payable.